Tencent Music Entertainment Group (63TA) Stock Forecast & Price Target

Compare

29 Followers

See the Price Targets and Ratings of:

All Analysts

Top Analysts

Premium

63TA Analyst Ratings

Strong Buy

6 Buy

2 Hold

0 Sell

Based on 8 analysts giving stock ratings to

Tencent

Music Entertainment Group

in the past 3 months

TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months

63TA Stock 12 Month Forecast

Average Price Target

€22.17

▲(49.81% Upside)

Based on 8 Wall Street analysts offering 12 month price targets for Tencent Music Entertainment Group in the last 3 months. The average price target is €22.17 with a high forecast of €24.61 and a low forecast of €17.82. The average price target represents a 49.81% change from the last price of €14.80.

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"9":"€9","13":"€13","17":"€17","21":"€21","25":"€25"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":24.60707159,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€24.61</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":22.1718200223,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€22.17</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":17.81891391,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€17.82</span>\n  </div></div>","useHTML":true}}],"tickPositions":[9,13,17,21,25],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Mar<br/>2025","6":"Jun<br/>2025","9":"Sep<br/>2025","12":"Dec<br/>2025","25":"Dec<br/>2026"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,15.8,16.477467045384618,17.15493409076923,17.832401136153848,18.50986818153846,19.18733522692308,19.864802272307692,20.54226931769231,21.219736363076922,21.89720340846154,22.574670453846153,23.25213749923077,23.929604544615387,{"y":24.60707159,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,15.8,16.290140001715386,16.78028000343077,17.270420005146153,17.76056000686154,18.250700008576924,18.74084001029231,19.23098001200769,19.721120013723077,20.211260015438462,20.701400017153848,21.191540018869233,21.681680020584615,{"y":22.1718200223,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,15.8,15.95530107,16.11060214,16.26590321,16.42120428,16.57650535,16.73180642,16.887107489999998,17.04240856,17.19770963,17.3530107,17.50831177,17.66361284,{"y":17.81891391,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":10.573,"date":1733011200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":10.87,"date":1735689600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 23,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.463,"date":1738368000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.463,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 12,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":13.044,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.8,"date":1746057600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 24,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.6,"date":1748736000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 22,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.4,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 19,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":18.1,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 20,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":21,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":19.9,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 16,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":18.8,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.8,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Highest Price Target€24.61

Average Price Target€22.17

Lowest Price Target€17.82

The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts

Yang Liu CFA

Morgan Stanley

€23.35→€21.23

Buy

43.45%

Upside

Reiterated

12/22/25

Maintaining Buy on Tencent Music: Long-Term Growth, Strategic Investments, and Attractive Upside Despite Near-Term Margin Pressure

Alex Liu

Bank of America Securities

Not Ranked

Bank of America Securities

€21.23→€17.83

Hold

20.50%

Upside

Reiterated

11/26/25

Tencent Music price target lowered to $21 from $25 at BofATencent Music price target lowered to $21 from $25 at BofA

Fawne Jiang

Benchmark Co.

€21.23

Buy

43.45%

Upside

Reiterated

11/13/25

Analysts Offer Insights on Communication Services Companies: Tencent Music Entertainment Group (NYSE: TME) and Starz Entertainment Corp (NASDAQ: STRZ)

Saiyi He

CMB International Securities

€23.78

Buy

60.67%

Upside

Reiterated

11/13/25

Strong Financial Performance and Strategic Investments Drive Buy Rating for Tencent Music

Wei Fang

Mizuho Securities

€23.78

Buy

60.67%

Upside

Reiterated

11/13/25

Mizuho Securities Keeps Their Buy Rating on Tencent Music Entertainment Group (TME)

Jiong Shao

Barclays

€22.93→€23.78

Buy

60.67%

Upside

Reiterated

11/12/25

Barclays ups Tencent Music target, sees good entry pointBarclays ups Tencent Music target, sees good entry point

Alicia Yap

Citi

€24.63

Buy

66.41%

Upside

Reiterated

11/12/25

Buy Recommendation for Tencent Music Entertainment Group: Strategic Initiatives and Strong Market Positioning

Alex Li

China Galaxy International

€21.23

Hold

43.45%

Upside

Initiated

10/28/25

Hold Rating for Tencent Music Entertainment Group Amidst Premium Valuation and Competitive Challenges

Unknown Analyst

UBS

Not Ranked

UBS

€25.48

Buy

72.15%

Upside

Reiterated

09/25/25

UBS Keeps Their Buy Rating on Tencent Music Entertainment Group (TME)

Alex Yao

J.P. Morgan

€14.44→€25.48

Buy

72.15%

Upside

Reiterated

08/14/25

Tencent Music Entertainment Group (TME) Receives a Buy from J.P. Morgan

Thomas Chong

Jefferies

€22.08→€23.78

Buy

60.67%

Upside

Reiterated

08/12/25

Jefferies Remains a Buy on Tencent Music Entertainment Group (TME)

Ellie Jiang

Macquarie

€22.25→€25.31

Buy

71.00%

Upside

Reiterated

08/12/25

Tencent Music price target raised to $29.80 from $26.20 at MacquarieTencent Music price target raised to $29.80 from $26.20 at Macquarie

Candis Chan

Daiwa

€14.44→€22.93

Buy

54.93%

Upside

Upgraded

08/12/25

Tencent Music upgraded to Outperform from Neutral at DaiwaTencent Music upgraded to Outperform from Neutral at Daiwa

Boris Van

Bernstein

€21.23→€23.35

Buy

57.80%

Upside

Reiterated

08/12/25

Analysts Conflicted on These Communication Services Names: Tencent Music Entertainment Group (NYSE: TME) and Prosus (Other OTC: PROSF)

Lincoln Kong

Goldman Sachs

€13.16→€17.83

Buy

20.50%

Upside

Reiterated

06/18/25

Goldman Sachs Sticks to Its Buy Rating for Tencent Music Entertainment Group (TME)

Analyst Type

Any

Human Analysts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Yang Liu CFA

Morgan Stanley

€23.35→€21.23

Buy

43.45%

Upside

Reiterated

12/22/25

Maintaining Buy on Tencent Music: Long-Term Growth, Strategic Investments, and Attractive Upside Despite Near-Term Margin Pressure

Alex Liu

Bank of America Securities

Not Ranked

Bank of America Securities

€21.23→€17.83

Hold

20.50%

Upside

Reiterated

11/26/25

Tencent Music price target lowered to $21 from $25 at BofATencent Music price target lowered to $21 from $25 at BofA

Fawne Jiang

Benchmark Co.

€21.23

Buy

43.45%

Upside

Reiterated

11/13/25

Analysts Offer Insights on Communication Services Companies: Tencent Music Entertainment Group (NYSE: TME) and Starz Entertainment Corp (NASDAQ: STRZ)

Saiyi He

CMB International Securities

€23.78

Buy

60.67%

Upside

Reiterated

11/13/25

Strong Financial Performance and Strategic Investments Drive Buy Rating for Tencent Music

Wei Fang

Mizuho Securities

€23.78

Buy

60.67%

Upside

Reiterated

11/13/25

Mizuho Securities Keeps Their Buy Rating on Tencent Music Entertainment Group (TME)

Jiong Shao

Barclays

€22.93→€23.78

Buy

60.67%

Upside

Reiterated

11/12/25

Barclays ups Tencent Music target, sees good entry pointBarclays ups Tencent Music target, sees good entry point

Alicia Yap

Citi

€24.63

Buy

66.41%

Upside

Reiterated

11/12/25

Buy Recommendation for Tencent Music Entertainment Group: Strategic Initiatives and Strong Market Positioning

Alex Li

China Galaxy International

€21.23

Hold

43.45%

Upside

Initiated

10/28/25

Hold Rating for Tencent Music Entertainment Group Amidst Premium Valuation and Competitive Challenges

Unknown Analyst

UBS

Not Ranked

UBS

€25.48

Buy

72.15%

Upside

Reiterated

09/25/25

UBS Keeps Their Buy Rating on Tencent Music Entertainment Group (TME)

Alex Yao

J.P. Morgan

€14.44→€25.48

Buy

72.15%

Upside

Reiterated

08/14/25

Tencent Music Entertainment Group (TME) Receives a Buy from J.P. Morgan

Thomas Chong

Jefferies

€22.08→€23.78

Buy

60.67%

Upside

Reiterated

08/12/25

Jefferies Remains a Buy on Tencent Music Entertainment Group (TME)

Ellie Jiang

Macquarie

€22.25→€25.31

Buy

71.00%

Upside

Reiterated

08/12/25

Tencent Music price target raised to $29.80 from $26.20 at MacquarieTencent Music price target raised to $29.80 from $26.20 at Macquarie

Candis Chan

Daiwa

€14.44→€22.93

Buy

54.93%

Upside

Upgraded

08/12/25

Tencent Music upgraded to Outperform from Neutral at DaiwaTencent Music upgraded to Outperform from Neutral at Daiwa

Boris Van

Bernstein

€21.23→€23.35

Buy

57.80%

Upside

Reiterated

08/12/25

Analysts Conflicted on These Communication Services Names: Tencent Music Entertainment Group (NYSE: TME) and Prosus (Other OTC: PROSF)

Lincoln Kong

Goldman Sachs

€13.16→€17.83

Buy

20.50%

Upside

Reiterated

06/18/25

Goldman Sachs Sticks to Its Buy Rating for Tencent Music Entertainment Group (TME)

Stocks with the Highest Top Analyst Consensus in the Communication Services Sector

xxx

Find stocks in the Communication Services sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Tencent Music Entertainment Group

1 Month

xxx

Success Rate

7/9 ratings generated profit

Average Return

+7.11%

reiterated a xxx

rating 5 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 1 Month would result in 77.78% of your transactions generating a profit, with an average return of +7.11% per trade.

3 Months

xxx

Success Rate

7/8 ratings generated profit

Average Return

+26.76%

reiterated a xxx

rating 5 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 3 Months would result in 87.50% of your transactions generating a profit, with an average return of +26.76% per trade.

1 Year

Boris VanBernstein

Success Rate

7/8 ratings generated profit

Average Return

+34.89%

reiterated a buy rating 5 months ago

Copying Boris Van's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +34.89% per trade.

2 Years

xxx

Success Rate

7/8 ratings generated profit

Average Return

+29.14%

reiterated a xxx

rating 5 months ago

Copying xxxxxxxxxxxxxxxxxx

trades and holding each position for 2 Years would result in 87.50% of your transactions generating a profit, with an average return of +29.14% per trade.

The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

63TA Analyst Recommendation Trends

Rating

Aug 25

Sep 25

Oct 25

Nov 25

Dec 25

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, 63TA has received 11 Buy Ratings, 2 Hold Ratings, and 0 Sell Ratings. 63TA average Analyst price target in the past 3 months is 22.17.

Each month's total comprises the sum of three months' worth of ratings.

63TA Financial Forecast

63TA Earnings Forecast

Next quarter’s earnings estimate for 63TA is €0.19 with a range of €0.16 to €0.20. The previous quarter’s EPS was €0.17. 63TA beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 52.62% of the time in the same period. In the last calendar year 63TA has Performed in-line its overall industry.

63TA Sales Forecast

Next quarter’s sales forecast for 63TA is €1.02B with a range of €1.02B to €1.04B. The previous quarter’s sales results were €1.01B. 63TA beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 57.42% of the time in the same period. In the last calendar year 63TA has Performed in-line its overall industry.

63TA Stock Forecast FAQ

What is DE:63TA’s average 12-month price target, according to analysts?

Based on analyst ratings, Tencent Music Entertainment Group’s 12-month average price target is 22.17.

What is DE:63TA’s upside potential, based on the analysts’ average price target?

Tencent Music Entertainment Group has 49.81% upside potential, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.

Is Tencent Music Entertainment Group a Buy, Sell or Hold?

Tencent Music Entertainment Group has a consensus rating of Strong Buy, which is based on 6 buy ratings, 2 hold ratings and 0 sell ratings.

What is Tencent Music Entertainment Group’s share price target?

The average share price target for Tencent Music Entertainment Group is 22.17. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst share price target is €24.61 ,and the lowest forecast is €17.82. The average share price target represents 49.81% Increase from the current price of €14.8.

What do analysts say about Tencent Music Entertainment Group?

Tencent Music Entertainment Group’s analyst rating consensus is a Strong Buy. This is based on the ratings of 8 Wall Streets Analysts.

How can I buy shares of Tencent Music Entertainment Group?

To buy shares of DE:63TA, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.

Tencent Music Entertainment Group (63TA) Stock Forecast & Price Target

63TA Analyst Ratings

63TA Stock 12 Month Forecast

Average Price Target

Detailed List of Analyst Forecasts​

Best Analysts Covering Tencent Music Entertainment Group

63TA Analyst Recommendation Trends

63TA Financial Forecast

63TA Earnings Forecast

63TA Sales Forecast

63TA Stock Forecast FAQ

Detailed List of Analyst Forecasts